Rockwell Collins (NYSE:COL) reported a 25% jump in fiscal first-quarter earnings as sales and demand increased.
The company, which produces and designs aviation electronics for government and commercial use, also raised its outlook for the full year, with an expectation that earnings should come in between $3.85 to $4.05, up from $3.75 to $3.95 a share. The revenue projection was unchanged.
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Rockwell Collins posted profit of $151 million for the quarter, or 96 cents per share, up from $121 million, or 76 cents per share, in the previous year. Revenue was up by 8.1% to $1.11 billion.
Analysts had projected earnings of 87 cents on $1.11 billion in revenue.